Accessibility links

Breaking News

Former Businessman Named Kazakh Prime Minister In Cabinet Shuffle

Baqytzhan Saghyntaev
Baqytzhan Saghyntaev

Former Economy Minister Baqytzhan Saghyntaev has been appointed Kazakhstan's new prime minister, as President Nursultan Nazarbaev shuffled his cabinet and top government and security posts.

Saghyntaev replaced Karim Masimov who was named the head of the country's main security service on September 8, a move widely seen as a demotion. Saghyntaev previously served as Masimov's deputy.

A former economics teacher and businessman, Saghyntaev previously headed the Kazakh antitrust agency, and served as regional governor and economy minister.

Masimov was pushed aside by Nazarbaev for what many observers said was excessive self-promotion on social media.

Saghyntaev takes over at a time when the Kazakh economy is struggling with low world oil prices, which hurt government revenues and forced officials to abandon a pegged exchange rate policy. That sent the let Kazakh currency plunging against the U.S. dollar.

RFE/RL has been declared an "undesirable organization" by the Russian government.

If you are in Russia or the Russia-controlled parts of Ukraine and hold a Russian passport or are a stateless person residing permanently in Russia or the Russia-controlled parts of Ukraine, please note that you could face fines or imprisonment for sharing, liking, commenting on, or saving our content, or for contacting us.

To find out more, click here.